About Exeter Finance
Exeter Finance is a company based in Irving (United States) founded in 2006 was acquired by Blackstone in June 2021.. The company has 1,379 employees as of December 31, 2020. Exeter Finance offers products and services including Auto Financing, Customer Support Services, and Dealer Programs. Exeter Finance operates in a competitive market with competitors including Wintrust, Mercedes-Benz Financial Services, Lendmark Financial, Nicholas Financial and Provident Financial, among others.
- Headquarter Irving, United States
- Employees 1379 as on 31 Dec, 2020
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Exeter Finance Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Blackstone
& 1 more
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Employee Count
1379
as on Dec 31, 2020
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Acquired by
Blackstone
(Jun 28, 2021)
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Products & Services of Exeter Finance
Exeter Finance offers a comprehensive portfolio of products and services, including Auto Financing, Customer Support Services, and Dealer Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers loans for vehicle purchases and dealership funding.
Provides online tools and phone support for loan inquiries.
Facilitates financing solutions for auto dealerships.
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Leadership Team
40 people
Software Development Team
24 people
Finance and Accounting
19 people
Data Analysis and Operations Team
19 people
Human Resources and Administration
13 people
Senior Team
12 people
Operations Team
10 people
Legal and Compliance
10 people
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Funding Insights of Exeter Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Exeter Finance
Exeter Finance has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Blackstone and Warburg Pincus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location | |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Exeter Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Exeter Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Exeter Finance Comparisons
Competitors of Exeter Finance
Exeter Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wintrust, Mercedes-Benz Financial Services, Lendmark Financial, Nicholas Financial and Provident Financial, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Bank offering diversified financial services
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| domain | founded_year | HQ Location |
Auto financing services are offered by Mercedes-Benz's subsidiary.
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| domain | founded_year | HQ Location |
Auto and personal loans are provided to customers nationwide.
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| domain | founded_year | HQ Location |
Consumer loans provider
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| domain | founded_year | HQ Location |
Credit brokering services are provided to UK consumers.
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| domain | founded_year | HQ Location |
Consumer loans are offered via a flexible lending platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Exeter Finance
Frequently Asked Questions about Exeter Finance
When was Exeter Finance founded?
Exeter Finance was founded in 2006.
Where is Exeter Finance located?
Exeter Finance is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
Who is the current CEO of Exeter Finance?
Jason Grubb is the current CEO of Exeter Finance.
How many employees does Exeter Finance have?
As of Dec 31, 2020, the latest employee count at Exeter Finance is 1,379.
What does Exeter Finance do?
Provider of subprime auto financing solutions for franchise and independent dealerships. The company facilitates vehicle ownership by offering financing options through a network of dealers. It provides tools and support to help customers succeed in vehicle ownership. The company also offers resources and programs to assist dealers in increasing sales and finding suitable financing solutions for their customers.
Who are the top competitors of Exeter Finance?
Exeter Finance's top competitors include Wintrust, Mercedes-Benz Financial Services and Lendmark Financial.
What products or services does Exeter Finance offer?
Exeter Finance offers Auto Financing, Customer Support Services, and Dealer Programs.
Who are Exeter Finance's investors?
Exeter Finance has 2 investors. Key investors include Blackstone, and Warburg Pincus.